The MGM Grand Macau was opened on 18 December 2007 at a cost of US$1.25 billion.[1]
The property was renamed to MGM Macau, as part of MGM Mirage's 2010 rebranding to MGM Resorts International.[1]
On 18 April 2011, an initial public offering was announced. Under the agreement, Pansy Ho would receive a 29 percent stake in the company, MGM China Holdings Ltd, which was created as a listing vehicle for the IPO. MGM Resorts would hold 51 percent and the public would receive 20 percent. The company raised US$1.5 billion from its IPO on the Hong Kong Stock Exchange at the top price of the range.[2]
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The property includes a convention space of 1,452 m2 (15,630 sq ft), including an area known as the Grand Ballroom spanning 807 m^2 for business meetings, social events, and weddings. Additionally, it partners with Six Senses Spa to offer a space of 2,720 square meters that includes 12 treatment areas.
Soon after Wynn Macau's expansion plans became public, the MGM Macau announced its own plans for expansion, only weeks after the project was publicly launched. The expansion will add 4,400 m2 (47,000 sq ft) to the casino floor's 2nd level.
macau, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, contains, content, that, written, like, advertisement, please, help, improve, removing, promotiona. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view August 2021 Learn how and when to remove this template message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources MGM Macau news newspapers books scholar JSTOR August 2021 Learn how and when to remove this template message Learn how and when to remove this template message MGM Macau Chinese 美高梅 formerly known as MGM Grand Macau is a 35 story 600 room casino resort in Se Macau Under a sub concession approved by the Macau government the project is owned and operated as a 50 50 joint venture between MGM Resorts International and Pansy Ho daughter of Macau casino magnate Stanley Ho The sub concession is one of several examples of new casino construction following the end of the government granted monopoly held for decades by Stanley Ho MGM Macau美高梅 Chinese MGM MacauLocationSe MacauAddressAvenida Dr Sun Yat SenOpening date18 December 2007 16 years ago 18 December 2007 No of rooms600Total gaming space100 000 sq ftSignature attractionsUpscale ShoppingVIP Night Club 1 200 seat theatreNotable restaurantsPalette Dining StudioWolfgang Puck CucinaWolfgang Puck SteakTAPOwnerMGM Resorts InternationalArchitectWong Tung amp Partners Contents 1 History 2 Layout 3 Gallery 4 See also 5 References 6 External linksHistory editThe MGM Grand Macau was opened on 18 December 2007 at a cost of US 1 25 billion 1 The property was renamed to MGM Macau as part of MGM Mirage s 2010 rebranding to MGM Resorts International 1 On 18 April 2011 an initial public offering was announced Under the agreement Pansy Ho would receive a 29 percent stake in the company MGM China Holdings Ltd which was created as a listing vehicle for the IPO MGM Resorts would hold 51 percent and the public would receive 20 percent The company raised US 1 5 billion from its IPO on the Hong Kong Stock Exchange at the top price of the range 2 Layout editThe property includes a convention space of 1 452 m2 15 630 sq ft including an area known as the Grand Ballroom spanning 807 m 2 for business meetings social events and weddings Additionally it partners with Six Senses Spa to offer a space of 2 720 square meters that includes 12 treatment areas Soon after Wynn Macau s expansion plans became public the MGM Macau announced its own plans for expansion only weeks after the project was publicly launched The expansion will add 4 400 m2 47 000 sq ft to the casino floor s 2nd level Gallery edit nbsp MGM Grand Macau Main Entrance nbsp MGM Grand Macau Hotel Lobby Interior nbsp MGM Grand Macau Sky Roof Plaza nbsp MGM Grand Macau Access to Casino nbsp MGM Grand Macau Access nbsp MGM Grand Macau Champagne Bar nbsp MGM Grand exteriorSee also editMGM Cotai Gambling in MacauReferences edit a b The Asian Gaming 50 Inside Asian Gaming 15 September 2010 Archived from the original on 26 September 2012 Retrieved 11 March 2012 MGM China prices 1 5 billion IPO at top of range The Globe and Mail Toronto Retrieved 29 January 2012 External links edit nbsp Wikimedia Commons has media related to MGM Grand Macau MGM Macau 22 11 9 N 113 32 50 E 22 18583 N 113 54722 E 22 18583 113 54722 Retrieved from https en wikipedia org w index php title MGM Macau amp oldid 1219888778, wikipedia, wiki, book, books, library,
